The income statement and balance sheet of TIRD Corp. are provided below. In addition, information about several transactions are provided below. 2021 REVENUE Sales Investment revenue Gain on sale of treasury bills TOTAL REVENUE 400 12 2 414 EXPENSES AND LOSSES COGS Salaries expense Depreciation Expense Amortization Expense Insurance expense Interest expense Loss on sale of equipment Income tax expense TOTAL EXPENSES AND LOSSES 220 60 10 2 6 28 20 14 360 54 NET INCOME 2021 2020 ASSETS 82 192 CURRENT ASSETS Cash A/R Investment revenue receivable Inventory Prepaid Insurance TOTAL CURRENT ASSETS 48 188 6 230 4 4 220 6 504 476 LONG TERM ASSETS Long-term investments Land Buildings and equipment Accumulated Depreciation Patent TOTAL LONG TERM ASSETS 154 220 440 (70) 30 774 120 160 480 (120) 32 672 1250 1176 TOTAL ASSETS 2021 2020 LIABILITIES 46 4 CURRENT LIABILITIES A/P Salaries payable Interest payable Income tax payable TOTAL CURRENT LIABILITIES 60 10 4 8 12 16 90 70 O 00 LONG TERM UABILITIES Deferred tax liability Notes payable Bonds payable Discount on bonds TOTAL LONG TERM UABIUTIES 10 30 300 (18) 322 260 (20) 248 TOTAL UABILITIES 420 88 SHAREHOLDERS' EQUITY Common stock Paid-in capital-excess of par Retained earnings Treasury Stock TOTAL SHAREHOLDERS' EQUITY 364 (14) 858 400 80 358 0 838 TOTAL UABILITIES AND SHAREHOLDERS EQUITY 1250 1176 Other Information Investment revenue includes $6 million from an equity method investment Treasury bills were sold in 2021 at a gain of $2 million-these investments were classified as cash equivalents. Required: Prepare the operating section of the cash flow statement using the direct method